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Re: T-Hawk post# 46533

Thursday, 07/06/2023 8:13:30 PM

Thursday, July 06, 2023 8:13:30 PM

Post# of 47600
It's almost the equivalent of a BK except it doesn't wipe out current stockholders. Without the overhang of a couple million or so of debt accruing interest, any additional funds they raise can be used for drilling, leaching, etc. If those are the terms offered, I understand why they are necessary and will go along with them. The alternative would be to wait until the court ordered sales are complete and write off my total investment - stock as well as loans.

Dino